Professional
Added to YB: 2024-11-26
Pitch date: 2024-11-24
SIX2.DE [neutral]
Sixt SE
+1.47%
current return
Author Info
The Superinvestors of Augustusville runs a small family office and shares pitches for their investments. Sign up for their newsletter.
Company Info
Sixt SE, through its subsidiaries, provides mobility services through corporate and franchise branch network for private and business customers.
Market Cap
EUR 3.7B
Pitch Price
EUR 69.33
Price Target
N/A
Dividend
3.08%
EV/EBITDA
9.12
P/E
N/A
EV/Sales
1.67
Sector
Ground Transportation
Category
growth
Bottom Fishing in Sick Man's Land - Sixt SE
SIX2.DE: Leading EU car co. Rev up from €2.9B (2018) to €4B (2024est). Strong op. profit growth. US expansion focus. Owner-led (risk: Co-CEOs). 15%+ ROE (10y avg), 12% LTM. Pref shares at 10x depressed earnings. Competitive market, declining EV residuals. Reducing EV fleet %.
Read full article (2 min)